EGLD broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 51.15 is possible.
EGLD has been forming an inverse head & shoulders pattern over the last 8 months. This is classically a bullish reversal pattern. I'm waiting for the price to break out through the neck-line before considering an entry. Targets in blue. If you're bullish, you could consider an entry around this area with a better risk-reward ratio.
Coinbase CEO says he heard rumors the SEC wants to ban crypto staking. Already crypto exchange Kraken shuts down crypto-staking. This will have ripple effects in the entire industry! My price targets for MultiversX EGLD are: EGLD/USDT short Entry Range: $40 - 45 Price Target 1: $35 Price Target 2: $29 Price Target 3: $24 Stop Loss: $49
Technical Analysis of EGLD/USDT: EGLD is currently trading at $41, which is 93% down from its all-time high. Despite many influencers claiming that it would reach $1000, investors suffered significant losses due to their funds being liquidated. In my opinion, EGLD is likely to experience further downward trends, and it may test the $27 level, resulting in a 34%...
#EGLD back in the supply zone, forming a bearish divergence on RSI
EGLDUSDT in TF 1D, Inverse Head & Shoulder Breakout Neckline Wait retest Neckline. Best price for Buy is 45$ Thanks
not in the mood for worrrdssss bacon turd ham sandwitchesbrew from my butt .
What I write here serves as a note to myself. Does not include investment advice.
Elrond (EGLD) technical analysis: Trade setup : Price broke back above $50 resistance and 200-day moving average, making Higher Highs, which are all indications of Uptrend. Price could revisit $60 next. Recent strength comes after its partnership announcement with Tencent (owner of WeChat). Trend : Uptrend on Short- and Medium-Term basis and Neutral on...
Hey traders, we've identified a Resistance Breakout on the $EGLD / $BTC chart. The price has broken above a key resistance level, which can indicate a potential bullish trend. Taking in consideration the next resistance key levels are at 0.002065 | 0.002156 | 0.002386 and the major support zones are respectively at 0.001835 | 0.001696 | 0.001466. It is a bullish...
I spotted this one too late unfortunately and I'M NOT SURE the right shoulder counts as shoulder but volume suggests it should be it. However if it retraces to that OB down there I think it'd be a good place to grab some. The target is the zone up there. Good luck
Egldusdt Breakout As expected, 8% Profit So far Retesting In precess Incase of successfull retest expecting 30%-50%- Bullish move Dyor
Egldusdt Breaking horizontal resistance & forming descending channel in 1d time-frame incase of breakout 50% Bullish move confirm Do your own research
We will see $EGLD over 1.000 USD in a year. IF today #MultiversX has 2 mil users, tomorrow it could reach 1 bilion. twitter.com See who is TENCENT : en.wikipedia.org ... also, let me remind you, they will launch a lot of new products and features: multiversx.com Future is near the corner and #MultiversX are one of the builders. DYOR! CHEERS!
Egld Horizontal Resistance Already Broken Formed Descending Channel in daily timeframe incase of breakout expecting massive bullish move Note: Always wait for breakout Dyor
seems Like getting ready for another Bounce Forming descending channel in daily Timeframe Incase Of breakout expecting 120 To 130% bulish Move Horizontal Resistance has already Broken expecting massive breakout
Falling Wedge Breakout And Retest has Already Confirmed Expecting 160 To 180% Bulish Wave Buy And Hold Some Place stoploss Below Black Line